S&P Closes at Another Record Peak

April 30, 2019 By: adminbackup

​U.S. markets were weak to start Friday’s session despite a blowout GDP number as mixed corporate earnings weighed on the major indexes. The rebound off the lows in the second half of action held into the closing bell to give the bulls the overall weekly win.The blue-chips lagged for the week, and the small-caps remain below a key resistance level, but the overall market momentum remains...

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Apple stock falls ahead of earnings as Samsung, Google warn of smartphone issues

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Odds of a recession spike to a three-year high, according to CNBC’s Fed survey

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US-China trade talks are in the ‘final laps,’ Treasury Secretary Mnuchin says

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Over-The-Counter Brokers See Surge in Buying Activity as Bitcoin and Crypto Markets Stabilize

April 29, 2019 By: adminbackup

Although the crypto markets lost some of their upwards momentum last week when controversy abounded regarding the controversial stable-coin Tether and related cryptocurrency exchange Bitfinex, Bitcoin has been able to maintain its position in the $5,000 region, which has led the aggregated markets to remain relatively stable.Although it still remains unclear as to whether or not the bear trend...

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Bulls Regaining Momentum

By: adminbackup

​U.S. markets were weak to start Friday’s session despite a blowout GDP number as mixed corporate earnings weighed on the major indexes. The rebound off the lows in the second half of action held into the closing bell to give the bulls the overall weekly win.The blue-chips lagged for the week, and the small-caps remain below a key resistance level, but the overall market momentum remains...

Continue reading >>